May 3, 2010
EDMUNDSTON (CNB) - The provincial government is contributing $850,000 in a new technology system at Pattison Sign Group that will centralize all corporate IT systems and data centres at company operations in Edmundston.
Post-Secondary Education, Training and Labour Minister Donald Arseneault, who is also minister responsible for the Northern New Brunswick Initiative, made the announcement today.
"Our government is proud to support to this successful Edmundston company as it invests in New Brunswick," said Arseneault. "The Pattison Sign Group is a substantial employer, a well-managed company with a strong and profitable track record in this province. This project will ensure a long and thriving future for Pattison's New Brunswick operations and help lead us forward on our journey to self-sufficiency."
The Pattison Sign Group is one of the largest electrical sign and visual communications companies in the world, counting several international conglomerates in the automotive, banking, quick service restaurants, and retail sectors as some of its major clients.
The company recently launched a $4.7-million project to create a common information system for all of its Canadian and American locations, to be based in Edmundston. About $3.1 million of the total investment will be spent in New Brunswick. The provincial government's assistance will help maintain 329 jobs in Edmundston.
To support the project, the provincial government is providing a $500,000 contribution from the Regional Development Corporation's Northern Economic Development Fund and $100,000 from the Department of Post-Secondary Education, Training and Labour. In addition, the Department of Business New Brunswick has reached an agreement in principle to provide a $250,000 forgivable loan.
Arseneault was joined by Don Belanger, president of Pattison Sign Group, at today's announcement.
"This project is critical to the overall success of our Canadian operation and makes our New Brunswick facility essential to the functioning of the company as a whole," said Belanger. "We are deeply grateful for the government's confidence in our business and for our dedicated employees in northern New Brunswick who help make our company a winner."
Arseneault said the investment fits well with government's Action Plan for Self-Sufficiency in Northern New Brunswick, a three-year strategy to create jobs and opportunity for communities in northern New Brunswick.
"We believe northern New Brunswick is on the leading edge of new global opportunities that will change the dynamics of the region, particularly in the industrial development sector," he said. "Together, we are working to make northern New Brunswick, and all of the province, a better place in which to live, work, visit and invest."
MEDIA CONTACTS: Bruce MacFarlane, Regional Development Corporation, 506-444-4606; Luce Lavoie, Pattison Sign Group, 506-737-1752, firstname.lastname@example.org.